Interest rate hikes - what do they mean for you?
Thursday Jun 22nd, 2023
ShareThe real estate world was surprised in early June when the Bank of Canada raised interest rates another quarter point. All signs had been towards a holding pattern up until the announcement. But a robust jobs report in April, combined with our ever increasing spending and debt accumulation, led the central bank to this decision. And while we are all hoping that this is the last rate hike for a while, the next meeting on July 12th may hold another surprise for us. What does this mean... [read more]
